But the reality is frankly different. Not everyone is financially stable or has a risk taking mindset. We have seen in history during the bull runs of 2017 and 2021 many new investors rushed in and sold out in panic when the price dropped again. So technically Bitcoin is actually for everyone but in reality only those people who have the at the end of the day patience understanding and ability to take to be honest risks will succeed.
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Patience is very important in investing in Bitcoin. Especially when the price of Bitcoin starts to fall in the market, you have to be mentally stable. Those who are mentally unstable by paying attention to the price fluctuations of the market cannot invest in Bitcoin for a long time. Every investor should set a goal to continue investing until they have enough Bitcoin reserves. It is important to pay attention to the issue of not being forced to sell Bitcoin under any circumstances. And those who start with a 4 to 10 year investment plan, the price of Bitcoin is low or high in the short term does not have much effect on them. It is important to achieve over accumulation status without being satisfied if the profit is 2 or 3 times compared to the investment. As a result, if the income stops in the future or if you retire from your job, you will be able to manage your later life through sustainable withdrawal from Bitcoin. And to create this situation, it is very important to create a mentality of patient, careful planning and long-term investment.